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50 Gold 1940 - A - FALSE FROM THE ERA - RARE.

VF-
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Lot description Show orginal version
Grade: VF-

A very rare forgery.

Struck out by the issuer and repeatedly stamped "FALSCH" on both sides of the bill.

Printed on watermarked paper.

Until now, a forgery of this class was known on banknotes marked with the B series. The offered banknote is therefore more interesting, as it is marked with series A.

The forgery betrays mainly the inaccuracy of the printing, but also the typeface and quality of the numerator digits.

A circulating piece, which is a good indication of the quality of the forgery, as we can assume that the piece circulated for a long time before it was spotted and withdrawn from circulation.

Natural, with no signs of conservation.

A great treat for collectors of all kinds of forgeries. Rare and very interesting variant marked with the first letter of the alphabet.

In September 1939, due to the aggression of Nazi Germany against Poland, the Bank of Poland with its Government and President evacuated outside the borders of the Second Republic. In view of the lack of cash reserves, deposits in the giro accounts of the Bank of Poland were frozen. As a result of this action, private banks and savings banks could not maintain solvency, and the population lost access to their cash deposits held in accounts.

The evacuation of the Bank caused a severe gap in the Polish economic apparatus. Consequently, as early as October 1939, the economic spheres began to demand the establishment of another issuing institution to take over the duties of the Polish Bank.

When, in November 1939, the first talks took place between representatives of the Polish economic spheres and the occupation authorities on the creation of a new issuing institution, Feliks Młynarski put forward the demand that the appearance of the graphic design of the new paper money should be similar to that of the interwar zlotys, and that there should be inscriptions only in Polish. Mlynarski also postulated that the name of the issuing institution should include the phrase "in Poland."

The author of the appearance of the banknotes of the Emission Bank in Poland was Leonard Sowinski, who transformed the graphic design of the pre-war zlotys. This accelerated the design work and, as a result, they were ready as early as December 1939. In some cases of the occupation zlotys, the changes in the graphic layout were minor, while in others they were far-reaching. Only the 500 zloty denomination had no original design. When creating designs for the new banknotes, Leonard Sowinski removed national symbols in the form of the White Eagle and portraits of most national heroes.

When preparing the banknotes of the Bank of Issuance in Poland, printing them on banknote paper protected by a local watermark was abandoned. In the case of the first issue, only the highest denomination has such protection.

Auction
Limited Auction I
gavel
Date
26 May, 19:00 CEST/Warsaw
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Start price
190 EUR
Grade
VF-
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Offers accepted until: 26/05 20:00 CEST/Warsaw
Live bidding: , 26/05 19:00 CEST/Warsaw

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Auction

WÓJCICKI - Polski Dom Aukcyjny

Limited Auction I
Date
Sunday, 26 May, 19:00 CEST/Warsaw
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WÓJCICKI - Polski Dom Aukcyjny
Contact
Salon Numizmatyczny Mateusz Wójcicki Sp. z o.o.
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Zwiadowców 9
52-207 Wrocław
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+48 71 30 70 111
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